Sentences with phrase «dependent on crude oil»
Despite periodic price shocks and related energy crises, the United States is even more dependent on crude oil and natural gas than it was almost 30 years ago.
http://www.resilience.org/ Not exact matches
Kansas is still largely dependent on coal, however, and is one of the country's top hubs for crude oil and natural gas production.
Brennock said U.S. imposed sanctions on the oil - dependent state's crude industry would force Caracas to offer steep discounts in a desperate search for new buyers and also leave the country reeling with the prospect of supply restrictions of vital diluents.
The country has had growth in sectors beyond oil in the past decade but remains dependent on crude.
Energy East would have given oil producers in Alberta and Saskatchewan, who are heavily dependent on buyers in the U.S., another market for their crude by carrying about 1.1 million barrels a day to refineries and a marine - shipping terminal in eastern Canada.
A retired Director of the CBN, Mr Chris Nemedia, on Monday urged the Federal Government to be less - dependent on trading in crude oil in the international market.
With more than 100,000 Hudson Valley residents dependent on the Hudson River for drinking water, Riverkeeper has urged community leaders in Dutchess County, Poughkeepsie, Hyde Park, Rhinebeck, Highland and Port Ewen to understand the risks posed by crude oil transport on the Hudson River, and actions they can take to protect their drinking water supplies.
The global trade of oil and natural gas is dependent on our nation's ports and waterways to move crude oil to our nation's refineries, export refined products and natural gas to markets abroad and move products domestically on our vast inland waterway system.
This is particularly true in light of the recent and largely unforeseen, collapse in the price of crude oil, which has had a massive impact in a largely oil - dependent country like Nigeria, such that clients are now focusing a great deal on insolvency, restructuring, prepayment facilities, derivatives and hedging instruments and issues.